From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Joules – argues turnaround “good progress” and cost control and cash management “focus”… so why the further trading and financial distress?!

By Steve Moore | Monday 7 November 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Pretentiously describing itself as “the premium British lifestyle group”, Joules (JOUL) has issued a “Business Update” commencing that it “has made good progress in defining and delivering its turnaround plan as well as continuing its focus on cost control and cash management” and including “active customers are in growth, and brand health and awareness KPIs, which reflect consumer perception of the brand, have remained strong”. So why are the shares currently further down more than 23% today at 10.5p?

You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 20:11:35